Data Is

question 6

Multiple Choice

Data is:

• A) information endowed with relevance and purpose.
• B) a set of specific objective facts or observations.
• C) some information.
• D) all of the above
• E) only a and c

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Definitions:

Purchasing power

The worth of a currency measured by how many goods or services one unit of it can purchase.

Perpetual fund

A type of investment fund with no fixed termination date, allowing investors to contribute and withdraw capital indefinitely.

Compounded annually

Interest on a deposit or loan calculated once per year, where each year's interest is added to the principal.

Semi-annual compounded

Interest on an investment is calculated twice a year and added to the principal.